Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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Property market ‘set to bounce back’ now Budget uncertainty over
Richard Donnell, Zoopla's Executive Director, says home-movers who hit the pause button will return with "greater confidence".
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Surveying giant’s research debunks popular property marketing myth
Property industry giant e.surv says its data crunching shows seasons shape activity but not prices, contrary to what many buyers believe.
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Money markets’ reaction to Budget sparks hopes of cheaper mortgages
Mortgage experts claim that stability in the money markets could feed through to cheaper mortgages.
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REACTION: Budget reveals mansion tax and higher landlord income tax
Rachel Reeves has today revealed a much-expected mansion tax and also higher income tax for landlords during her parliamentary statement.
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Asking price reductions at ‘highest level for six years’
Over a million vendors have reduced their prices so far this year, but they are taking longer than ever to do so, reveals TwentyCi research.
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Chancellor considers looking at reviving Help to Buy – claim
Hamptons believes that the Government could use Help to Buy scheme to give the stalled market a boost.
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Stamp Duty windfall ‘to make it a tempting target for Chancellor’
21% surge in the Government’s tax take comes despite a pre-budget pause in the housing market.
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Gazundering ‘now hits 90% of property deals’, claims lawyer
Simon Nosworthy of Osbornes Law says it is "standard practice" to demand a last minute reduction in the asking price.
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AGENT: Banks ‘cutting mortgage rates ahead of Budget and BoE decision’
Lenders fighting to attract homebuyers are encouraged by lower inflation and a possible base rate cut, according to Mary-Lou Press of Propertymark.
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Government backs coalition seeking faster homebuying
Main players have been brought together to build roadmap for smart-data framework that will underpin new homebuying process.
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